ActiveSingleFamilyResidence

28815 Pacific Coast Highway

Malibu, CA, 90265

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$2,960,000

MLS: 226002488

Beds

3

Baths

3

Sq Ft

2,397

Lot

2.29 ac

Year Built

1994

MLS #

226002488

Days on Market

21

Listed

May 28, 2026

Description

For the first time in 75 years, a once-in-a-generation offering along the iconic Pacific Coast Highway. 28815 Pacific Coast Highway Set high above the coastline on 2.29 private acres, this legacy property sits at the top of a mountain with commanding, unobstructed 180-degree views of the Pacific Ocean. From this vantage point, you experience what many consider the very best view of the famed Queen's Necklace a sweeping panorama that stretches endlessly along the curve of the coast, sparkling by day and glowing with city lights by night. A long, private driveway creates a true sense of arrival, winding up to the residence and offering complete privacy and separation from the road below. The setting is quiet, elevated, and irreplaceable. The home offers nearly 2,400 square feet of living space with 4 bedrooms and 3 bathrooms. Generous living areas and large windows are oriented toward the view, allowing natural light to pour in and the ocean to become the backdrop of everyday living. Nearly every room captures the drama of the coastline. The 2.29-acre parcel provides both space and opportunity whether you choose to preserve its existing charm or reimagine the property into a modern coastal estate, the foundation here is extraordinary. Mountain-top privacy combined with one of Malibu's most iconic vantage points is something rarely available and almost never with this kind of history. A true generational offering. Elevated. Private. Unmatched.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Mark Duban · Pinnacle Estate Properties, Inc.

Payment estimate

$21,279

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $296,000 · Loan: $2,664,000

%

Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$16,786
Property tax (1.25%)
$3,083
Homeowners insurance
$300
Mortgage insurance
$1,110
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 18, 2026

30-year fixed
6.47%
15-year fixed
5.81%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $103,600 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Malibu, CA 90265 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.